SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Bought by Financial Partners Group Inc

Financial Partners Group Inc grew its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Get Rating) by 34.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,396 shares of the company’s stock after purchasing an additional 2,172 shares during the quarter. Financial Partners Group Inc’s holdings in SPDR S&P Dividend ETF were worth $1,061,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Clearview Wealth Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $30,000. Ahrens Investment Partners LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $35,000. Consolidated Planning Corp acquired a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at $41,000. MFA Wealth Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at $44,000. Finally, Aquire Wealth Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $51,000.

Shares of SPDR S&P Dividend ETF stock traded up $1.49 during trading on Friday, reaching $124.54. The company’s stock had a trading volume of 754,087 shares, compared to its average volume of 610,176. The company has a 50-day moving average price of $127.02 and a two-hundred day moving average price of $126.44. SPDR S&P Dividend ETF has a fifty-two week low of $116.32 and a fifty-two week high of $133.22.

SPDR S&P Dividend ETF Company Profile (Get Rating)

The SPDR S&P Dividend ETF seeks to closely match the returns and characteristics of the S&P High Yield Dividend Aristocrats Index (the Index). The Index is designed to measure the performance of the 60 highest dividend yielding S&P Composite 1500 Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 consecutive years.

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